ATMs Were Developed Because of Breakthroughs in Technology and as a

question 50

Multiple Choice

ATMs were developed because of breakthroughs in technology and as a

• A)means of avoiding restrictive branching regulations.
• B)means of avoiding paying interest to corporate customers.
• C)way of concealing transactions from the SEC.
• D)increasing the competition from foreign banks.

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Definitions:

Assets

Resources owned by a company or individual, having economic value and expected to provide future benefits.